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Investment philosophy is the clear understanding that by owning shares of stocks he owns businesses, not pieces of paper.

Warren Buffett

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Warren Buffett
Age: 94
Born: 1930
Born: August 30
Entrepreneur
Financier
Investor
Shareholder
Omaha
Nebraska
Warren Edward Buffett
Pieces
Philosophy
Owning
Share
Shares
Clear
Owns
Understanding
Stocks
Businesses
Investment
Paper

More quotes by Warren Buffett

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I think you are out of your mind if you keep taking jobs that you don't like because you think it will look good on your resume. Isn't that a little like saving up sex for your old age?
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It irritates the hell out of me but you can't buy love.
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It is easier to rationalize than it is to be rational.
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We are trading away a little bit of our country all the time for this access consumption that we have over what we've produced. That is not good. I think it's terrible over time. But our country's productive grows enough so we actually can do that, and we'll still be better off. We just don't be as well off as if we hadn't done it.
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The single most important decision in evaluating a business is pricing power.
Warren Buffett
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When forced to choose, I will not trade even a night's sleep for the chance of extra profits.
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I believe the chance of any event causing Berkshire to experience financial problems is essentially zero. We will always be prepared for the thousand-year flood in fact, if it occurswe will be selling life jackets to the unprepared.
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It's much easier to stay out of trouble now than to get out of trouble later.
Warren Buffett
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You should look at stocks as small pieces of business.
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It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
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I don't like what's going on with the executive compensation.
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All but a few of the organizations do not specifically promise to deliver superior investment performance although it is perhaps not unreasonable for the public to draw such an inference from their advertised emphasis on professional management.
Warren Buffett
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I've seen more people fail because of liquor and leverage -- leverage being borrowed money. You really don't need leverage in this world much. If you're smart, you're going to make a lot of money without borrowing.
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You can't help some increase from this point. I don't want any viewer to go away think a magic wand exists in Congress. So they're going to see some more bad news. But if we do this, we're doing the right thing.
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Truly conservative actions arise from intelligent hypotheses, correct facts and sound reasoning.
Warren Buffett
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I certainly have no desire to sell a good controlled business run by people I like and admire, merely to obtain a fancy price. However, specific conditions may cause the sale of one operating unit at some point.
Warren Buffett
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I know the country works extremely well. You know, but when it isn't clogged up.
Warren Buffett
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I certainly do believe anyone engaged in the management of money should have a standard of measurement, and that both he and the party whose money is managed should have a clear understanding why it is the appropriate standard, what time period should be utilized, etc.
Warren Buffett
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Good profits simply are not inconsistent with good behavior.
Warren Buffett
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I think people - what people want to do is make [economy] get worse.
Warren Buffett